Beyonce Knowles is to fund a $500,000 annual grant to beauty schools and salons.
The “Halo” hitmaker’s newly-launched haircare line Cecred and her charity BeyGOOD will be jointly funding the sum to cosmetology schools and salons in Atlanta, Chicago, Houston, Los Angeles and New Jersey, with the specific sites chosen due to their “large, diverse community” of hair stylists.
A statement on BeyGood‘s website said, “Hairstylists have an immense impact on the people in their chairs. They create a sacred space where we can show up how we want and express ourselves through our hair. We’re honoured to give back to this amazing community. Fostering talent, promoting professionalism, and supporting entrepreneurship within the hair industry is deeply important to us.
The Cecred x BeyGOOD Fund … celebrates the influence professional stylists have on hair health and the critical importance of advocating for the salon community. An annual $500,000 will fund cosmetology school scholarships and salon business grants across five cities chosen for their large, diverse community of hair stylists: Atlanta, Chicago, Houston, Los Angeles and New Jersey.”
The cosmetology schools must offer “inclusive curriculums” to qualify for the fund and will receive $250,000 to be used towards student scholarships.
The other half of the money will be given annually to “qualifying salon business owners” in the cities.
Source: Aceshowbiz